COMPANY RESULT: INTERSOLV INC

Intersolv Inc, Rockville, Maryland provider of client-server and internet software, reported a fourth-quarter loss of $26m on revenue up 20% at $47.9m, compared to net income $3.1m, or $0.15 per share, a year ago. Results for the quarter include non- recurring charges of $28.9m. For the year, net loss after charges was $21.2m on revenue […]

Intersolv Inc, Rockville, Maryland provider of client-server and internet software, reported a fourth-quarter loss of $26m on revenue up 20% at $47.9m, compared to net income $3.1m, or $0.15 per share, a year ago. Results for the quarter include non- recurring charges of $28.9m. For the year, net loss after charges was $21.2m on revenue up 10% at $160.4m, up from a loss of $3.7m last year.